HomeNewton2 Family - 2 Units Up/Down987-989 Boylston Street, Newton MA 02461
987-989 Boylston Street, Newton MA 02461 — photo 1 of 311 / 31
$1,628,000
987-989 Boylston Street, Newton MA 02461
2 units · 7 bd · 3 ba · 2,726 sqft · $814,000/unit
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INVESTMENT SNAPSHOT

Signal Score pending — we haven't seeded market rents for this ZIP (02461) yet.

About this property

Rare opportunity to own a spacious two-family property in the highly desirable Chestnut Hill/Newton Highlands area. Located across from the Longwood Cricket Club and just minutes from the MBTA Green Line, it is located at the Chestnut Mall neighborhood with fine dining, and shopping this property offers both convenience and strong investment potential. Both units feature two levels of living space. # 987 is occupied by a long-term tenant, providing immediate rental income. #989 offers an expansive townhouse-style layout with 5 bedrooms, 2 full bathrooms, and charming front porches, and can be delivered vacant for owner occupancy or market-rate rental. The property includes six off-street parking spaces and separate systems for each unit. Whether you're seeking an investment property, a 1031 exchange opportunity, or a multi-generational living arrangement, this versatile property offers exceptional value in one of Greater Boston's most sought-after neighborhoods.

Property details

Units2
Living area2,726 sqft
Lot size4,500 sqft
Year built1912
Price / sqft$597
CountyMiddlesex
MLS #73546584

Listing status

Days on market4 days
Listed onJuly 8, 2026

Taxes & financials

Annual property tax$11,134
Tax year2026
Assessed value$1,170,000
Zoningresident
Gross income (actual)$51,600/yr
Net operating income (actual)$51,600/yr
Total actual rent$3,177/mo

Building & lot

Stories4
Total rooms12
Lot size0.1 acres
Garage spaces0
Parking spaces5
ParkingPaved Drive
BasementFull
FoundationGranite
RoofShingle
ConstructionFrame

Utilities & systems

SewerPublic Sewer
WaterPublic

Location

More about investing in Newton

Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 987-989 Boylston Street, Newton MA 02461 have?

It is a 2-unit multi-family property with 2,726 sqft of living area, built in 1912.

How long has 987-989 Boylston Street, Newton MA 02461 been on the market?

987-989 Boylston Street, Newton MA 02461 has been listed for 4 days (since July 8, 2026).

What is the price per unit?

At a list price of $1,628,000 across 2 units, that works out to roughly $814,000 per unit.

What are the property taxes on 987-989 Boylston Street, Newton MA 02461?

Annual property taxes are $11,134 (2026), on an assessed value of $1,170,000.

What is the price per square foot?

At $1,628,000 for 2,726 sqft, that's about $597 per square foot.

Is there parking?

5 total parking spaces (paved drive).

Where is this property located?

987-989 Boylston Street, Newton MA 02461 is in Newton, Middlesex County, MA 02461.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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